TradeCityPro | RUNE: Navigating Key Levels and Momentum Insights👋 Welcome to TradeCity Pro! In this analysis, I want to examine the RUNE coin for you. This coin is the official project token of Thorchain and is active in the DeFi and Cosmos ecosystem.
📅 Weekly Timeframe: Hidden Trendline
In the weekly timeframe, we observe a hidden trendline that has formed from the ATH, and now, during its bullish trend corrections, the price is reacting to this trendline.
🔍 After the price reached a low of $0.817, as you can see, the buying volume significantly increased, and the price moved up to the area of $7.391, forming a range box between this area and $3.028. The ceiling at $7.391 had a fake breakout once, and in recent weeks, the price has been rejected from the $7.391 ceiling again.
✨ Currently, the price has touched the support at $3.028 again. If this area breaks, a double top could be activated with a target of $1.269. If the RSI breaks below 35.82, the likelihood of this scenario will increase.
🔽 If there is further correction and the $3.028 support breaks, the first important area would be the hidden trendline, and the next areas in order would be $2.037, $1.269, and $1.817. There are other areas in between, but these are the strongest levels on this chart.
🛒 For buying in spot or long-term long positions, the first trigger is breaking $7.391, which seems like a very suitable trigger. If this area is broken, the price could potentially move at least to its ATH, which is $19.816. If the ATH is broken, I will update the analysis to find the next targets.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Cosmos
TradeCityPro | ATOMUSDT NFP Report Explanation👋 Welcome to TradeCityPro Channel!
Today, as the NFP news comes out, I want to provide an explanation about this report and analyze today’s altcoin, which I frequently use for futures positions.
The U.S. Non-Farm Payroll (NFP) report was released today, Friday, January 10, 2025. According to this report, 256,000 jobs were created in December, exceeding the forecast of 164,000. The unemployment rate also dropped from 4.2% to 4.1%.
This strong data indicates a continued improvement in the U.S. job market and may push the Federal Reserve to continue its tight monetary policies. As a result, the U.S. dollar strengthened, and interest in high-risk assets like cryptocurrencies decreased.
After the release of this report, the cryptocurrency market reacted , Bitcoin initially rose to $95,827 but then dropped back to $95,760.
🌐 Overview Bitcoin
Before starting today’s analysis, let’s look at Bitcoin in the 1-hour timeframe. It has been almost lifeless since last night, with very small and weak upward candles.
With the announcement of the news, it experienced a volatile candle within a small range. Currently, it is below the $95,753 trigger level.
With this event, Bitcoin dominance continues to move weakly upward. If this continues and the market declines, altcoins will experience sharper declines. However, if Bitcoin rises, it is better to open a long position on Bitcoin or an altcoin paired positively with Bitcoin.
📊 Weekly Timeframe
In the weekly timeframe, this coin rebounded from the $3.789 support with an engulfing candle and made a relatively good upward move, reaching the $10.149 resistance. This led to a rejection from entering the overbought zone.
Like most altcoins, no significant movement has occurred, and it has been range-bound within its box for a long time. The topic of stagnant funds is also relevant here.
For re-entry in spot trading, you can buy after breaking $10.149, and if you miss that, after breaking $15.738. If you are holding this coin, the logical exit point in the weekly timeframe remains below $3.789.
📈 Daily Timeframe
In the daily timeframe, it has performed better than other altcoins. After breaking the $4.923 resistance, which was the top of its daily range, it made a good move up to $10.
Currently, while most coins have returned to their previous daily range boxes, ATOM is on a support level one step higher than the $4.923 support.
After being rejected from $10.451, it formed lower highs and lower lows. The last rejection was from the $7.447 resistance, leading to a lower high than $10.451 and making this resistance more significant.
If $6.115 breaks, we will see both lower highs and lower lows, and the price will move past the 0.618 Fibonacci support level, possibly reaching $4.923.
For a re-entry, conditions are similar to AVAX. After breaking $7.447, you can enter with a stop-loss at $6.115. For a more secure entry, wait for $10.451 to break, or look for reactions at lower levels.
However, if $6.115 does not break and the price stays in this daily range for a longer time, the $7.447 resistance will become more significant.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ATOM LongThe price has recently reclaimed a key level around $7.349, which now serves as a strong level of support.
A demand zone is marked on the chart around the $6.596 level, where previous price action suggests strong buying interest.
The current market structure shows a possible continuation upward after reclaiming the key level, suggesting a move toward higher targets.
The "Buyside Liquidity" area, indicated near $9.352, is the next significant target where the price might aim after breaking above the current resistance.
cursed coin ATOM offers some hope. Major line still to crossATOM the cursed coin, which has underperformed most major cosmos based projects due to poorly designed tokenomics is trying to reclaim a bullish structure. it still has to go through the second resistance line.
two scenarios presented.
we remain neutral
ATOM Is Escaping From The Dead Zone: Wyckoff Accumulation Done!Hello, Skyrexians!
Let's update the previous Cosmos analysis today. It was one the weakest coin in 2024 and it looks like finally reached the bottom, completed accumulation and is about to explode. In our opinion BINANCE:ATOMUSDT is one of the most undervalued crypto asset for 2025.
Let's take a look at the weekly time frame. We can see the clear Wyckoff accumulation, no single event and phase has not been violated. The most painful time, the spring has been already passed. Price showed the impulse to the upside after that. You can see that Fractal Trend Detector turned green and started print the green support zone. Last time we have seen it there was a fake growth, but this time there is a high probability of true bull run on this asset!
Best regards,
Skyrexio Team
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Cosmos Atom usdt Daily analysis
Time frame daily
Risk rewards ratio =2👈👈👌
First target 9.2$🥇
Second target 13$🥈
According to the daily chart we see, today's analysis is based on Elliott waves.
The bullish impulse wave ( 1-5 ) has ended ↗️and the 3-point retracement wave or correction wave has also ended. ↘️
Based on the analysis of experts and what we see and hear today, the possibility of the alt-season starting is very high.
Based on this, I have chosen two targets, which are the $9 and $13 ranges, respectively. Which are wise targets and will bring very good profits to traders.👌🎯
$ATOM (Cosmos) predictionWhat is NASDAQ:ATOM , and why am I interested in this technology?
They call themselves the "Internet of Blockchains," but in simpler terms, it's an SDK that makes it easier to create blockchains. So far, over 200 blockchains have been built using this SDK, including major players like CRYPTOCAP:INJ , LSE:TIA , and $FET.
### Why is this technology impressive?
- **Unmatched Reliability:** With over $100B worth of tokens running on its ecosystem without crashes or downtime, it’s a performance few can match, except for Ethereum.
- **Seamless Interoperability:** In a world where more and more Layer 1 blockchains are being created, NASDAQ:ATOM stands out for its ability to bridge blockchains, simplify staking, and enable smooth trading within its ecosystem—unlike blockchains that operate in isolation.
### Why hasn’t NASDAQ:ATOM performed well in 2024?
After massive pumps in 2021 and 2022, it’s still in a recovery phase. However, the bottom appears to be in, and the charts suggest it’s gearing up for a move upward.
I’ve marked a green box where I believe you can safely load up for a long position.
DYOR!
Targeting Major Gains with ADA, BNB, and ATOMIn this video, we delve into swing trading strategies for three prominent cryptocurrencies: Cardano (ADA), Binance Coin (BNB), and Cosmos (ATOM). Cardano recently approached our suggested entry point of $0.34 and is showing potential to reach its previous all-time high (ATH), with a take-profit (TP) target of $6 if current momentum persists. Binance Coin has surpassed its previous ATH, and we're eyeing a TP of $1,200, provided the current support levels hold. Our Cosmos trade required adjustment, as the true reversal occurred near $3, forming a bullish engulfing candle. We now anticipate a return to its previous ATH, offering a potential 3x return in this 'safe' large-cap coin. Join us as we analyze these setups, discuss key support and resistance levels, and outline strategies to capitalize on these opportunities in the crypto market.
Atomusd at the goldencross starting lineIn a very similar inverse head and shoulders that digibyte jsut successfully broke out of with the same kind of little right shoulder. For now there’s been no confirmation of a breakout or even solidified support on the neckline just yet so price could easily dip back below the neckline here, however considering the golden cross has occurred it wouldn’t surprise me if the neckline is confirmed solidified support n quick order. *not financial advce*
Cosmos (ATOM)📊 Comprehensive Analysis of ATOM
🔍 Overview: ATOM, after experiencing a significant decline, entered a downward channel with a slight slope toward its weekly support level. With notable trading volume entering, it managed to rise strongly above the weekly support zone and the bottom of the descending channel. Currently, it is moving toward the top of the descending channel, where a critical weekly resistance (red zone) lies, with the possibility of a correction at this level.
🕰 Technical Analysis:
🔸 Current Status:
The price is approaching the top of the descending channel and the weekly resistance (red zone).
For buyers who entered at the channel's bottom, partial profit-taking in the red zone is a reasonable strategy.
🔸 Key Levels for Entry and Price Targets:
Entry: Confirmation of price stabilization above the weekly resistance (red zone) is essential for re-entry.
Targets: Breaking this resistance could push the price toward the yellow and green zones.
🔸 RSI Status:
If the weekly RSI enters the Overbought zone, the likelihood of breaking the weekly resistance increases.
This breakout may lead to a sharp price movement upwards, with the potential to reach Over-Extended levels.
🎯 Price Levels:
Short-Term Target: Weekly resistance (red zone).
Mid-Term Target: Yellow zone after breaking the resistance.
Long-Term Target: Green zone and Over-Extended levels.
💡 Summary:
Bullish Scenario: Breaking and stabilizing above the weekly resistance could lead to sharp upward movement toward higher targets.
Bearish Scenario: If the resistance is not broken, a price correction toward lower supports (such as the middle line of the channel) is possible.
📌 Recommendation:
Prioritize risk and capital management.
Confirmation of resistance breakout with high volume and appropriate RSI conditions is crucial.
ATOMUSDT Long Setup Setting / Quick 15Min LongBINANCE:ATOMUSDT
COINBASE:ATOMUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
8.723
8.811
8.913
9.029
🔴SL:
8.358
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
$ATOM final pushATOM is one of those assets where funds have shown how to legally siphon off the money they invested. Instead of price manipulation and services of market makers, they started to make projects on COSMOS ecosystem and to distribute Airdrop to themselves. The price looks good considering the fixation in the $30 area. Higher than 30$ we are unlikely to see, it is hard to move such projects.
Best regards, Horban Brothers.
COSMOS ATOM- A smart trader focuses on buying assets that haven't yet started their upward trend, rather than chasing those that have already pushed hard.
- Atom hasn’t surged yet, making it a strong candidate to consider given its solid project fundamentals.
As always, everything is annotated on the chart : trends, bubbles, resistance, and support levels are all clearly marked.
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Trading part
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- Buy around 5$ ( 30% invest ).
- Rebuy around 4$ ( 70% invest ).
OR
- Buy Breakout after 6.15$
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- TP1 : Before 8.8$
- TP2 : Before 15$
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- Long Term Hodl : 100-110$
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Be wise & stay safe!
Happy Tr4Ding !
ATOM | ALTCOINS | +77% | What does the future hold for COSMOS?I've been following Cosmos for many months, and it's recently seen a very decent increase of +77%. Unfortunately I didn't get all of it, but ATOM has increased moderately since I bought in a few weeks ago.
However - comparing it to DOGE particularly, it pales in comparison. Again, like with LTC, we need to start reclaiming previous resistance zones in order to be sure that this coin has a future. Ultimately - we are in crypto for the increases😉 And many altcoins have fallen behind over the last year. Although they can (and are) still being traded, the increases are nowhere near that of other alts.
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BINANCE:ATOMUSDT
$INJ update on 1HCRYPTOCAP:INJ is currently consolidating with a target of $28.
- Monthly indicators are bullish, signaling sustained growth.
- Weekly indicators are also bullish, confirming the monthly trend.
- Daily indicators are neutral, with the MACD needing to decide whether to continue consolidating or cross into another pump.
- Hourly indicators show continued consolidation.
CRYPTOCAP:INJ is not a meme coin; it’s growing steadily and gradually. There’s also a major CRYPTOCAP:INJ conference at Devcon today.
Growth signs align with CRYPTOCAP:INJ ’s seasonality when compared to 2023.
Will Cosmos ATOM Be Reborn From the Dead Zone?Hello, Skyrexians!
Today we have the most hated coin for analysis. Do you remember how everybody told that BINANCE:ATOMUSDT will hit $40 in 2024, but in fact it was one of the worst asset of this year? We have also supposed that price will reach new ATH, but showed you the potential negative scenario which has been played out. Let's try to understand if ATOM still can have significant gains or this is completely dead coin!
On the price chart you can see the weekly time frame. In 2020-2021 asses has printed the global wave 1 which consists on 5 waves. Please, don't be confused that wave 4 slightly overlapped wave's 1 top. Sometimes it can happen, Elliott waves is not a math! Since there price is forming the corrective wave 2 which has the very beautiful shape. Wave A is impulse, wave B is a triangle and wave C is also impulse which could be already finished.
You can see that wave 2 reached 0.61 Fibonacci retracement zone and have some reaction from here. Moreover, Bullish/Bearish Reversal Bars Indicator has printed the green dot almost at the bottom. You can see how it performed in the past. For example, after the red dot in 2021 the huge crash has been started. Another one very important thing is that in March 2024 the mood was super bullish for ATOM, but in September it dramatically changed to bearish. Now almost everybody tells that it's scam and dead coin. You, probably understand that on negative sentiment it's much easier to pump for asset's price.
Wave 2 in our opinion has been finished, now it's time for the wave 3. If we apply our calculations technique the potential target is between $75 and $113. Price broke through the white line. In the upcoming month it's vital to find support above it and don't broke in the opposite direction.
Best regards,
Skyrexio Team
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